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Oil discoveries in 2017 were the lowest since the 1940s, according to oil-and-gas consultancy Rystad Energy.
Discoveries have fallen every year since 2014 along with company budgets for exploration.
We could face a shortage in as soon as 10 years, Rystad Energy estimates.
We're running out of new oil.
Explorers in 2017 discovered the least amount of oil since at least the 1940s, according to Rystad Energy, an oil and gas consultancy.
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